Oil Change International released our Big Oil Reality Check report in collaboration with over 200 organizations worldwide. The report assesses the climate pledges and plans of eight international oil and gas companies – Chevron, ExxonMobil, Shell, TotalEnergies, BP, Eni, Equinor, and ConocoPhillips – against 10 criteria representing the bare minimum for aligning with the Paris Agreement to limit global heating below 1.5°C.
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Approval of Rosebank oil field highlights UK Planet Wrecker status
“The science could not be more clear: there is no room for a single drop of oil from new fields. In our recent report “Planet Wreckers” we showed how the UK is one of the five rich Global North countries responsible for 51% of planned new oil and gas extraction globally to 2050, and blatantly ignoring the calls to rapidly phase out fossil fuels. The fact that the UK Government has approved the biggest undeveloped field in the UK, and coming just one week after the Government’s weakening of its net zero policies, is proof positive it is siding with oil and gas giants over a liveable future for all.”
New briefing reveals Norway’s electrification of Melkøya gas plant as the perfect storm of climate injustice
With this decision, the Norwegian Government locks-in decades of continued gas production in the Arctic. The fact that the Government has green-lighted new power lines over Sámi lands, while the human rights violations against the Sámi people are ongoing, is not only absurd, it’s a disgrace.
Norway’s electrification of Melkøya gas plant: The perfect storm of climate injustice
This briefing, titled, Norway’s Electrification of Melkøya Gas Plant: The Perfect Storm of Climate Injustice, reveals not only the project’s disastrous climate implications for the Norway and the Arctic, but also the human rights violations in the decades-long governmental oppression of the Indigenous Sámi people and their ancestral lands.
Big Oil Reality Check 2023 — An Assessment of TotalEnergies, Eni, and Equinor’s Climate Plans
These briefings reveal that Total, Eni, and Equinor are on the cusp of approving a surge of new oil and gas development. If they proceed with all the projects in their anticipated pipeline for 2023, Eni could rank as the world’s third worst oil and gas expander this year and Equinor as the world’s eighth worst by the total volume of new reserves approved for extraction.
Despite our growing climate emergency, Eni and Equinor double down on fossil fuel expansion
It’s that time of year again when the oil industry has to face its shareholders and investors in public: AGM season. Over the coming days, Big Oil executives will have to respond to questions about how they are reconciling the plans for expanding fossil fuel growth with their public commitments on climate change.
BREAKING: Equinor postpones Wisting Oil Field
Today in a huge win for climate, environment, and people, Equinor ASA announced that they are postponing the investment decision on the Wisting oil field in Norway.
Updated analysis reveals oil industry climate plans are grossly insufficient to achieve Paris Climate Goals
The report finds the oil and gas majors are involved in over 200 expansion projects on track for approval from 2022 through 2025. If they go forward, these companies’ investments could create an additional 8.6 billion tonnes (Gt) of carbon pollution – equivalent to the lifetime emissions of 77 new coal power plants.
Big Oil Reality Check — Updated Assessment of Oil and Gas Company Climate Plans
Despite an array of new ‘net zero’ pledges released in the past two years, the climate promises of major U.S. and European oil and gas companies still fail to meet the bare minimum for alignment with the Paris Agreement, according to a new study.
New briefing exposes Norway as Europe’s most aggressive oil and gas explorer
A new briefing released today reveals that, despite claiming to be one of the world’s climate leaders, Norway has exponentially ramped up its exploration licensing over the past 10 years, making it Europe’s most aggressive explorer for new oil and gas.
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